https://www.taxtmi.com/acts?id=7617 Makers of promissory notes, drawers of bills of exchange prior to acceptance, and acceptors are, absent an agreement to the contrary, principal debtors on the instrument, while other parties thereto are sureties for that obligation; this allocation of primary and secondary liability follows from their positions on the negotiable instrument. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 19 Jan 2008 22:45:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=7617 Makers of promissory notes, drawers of bills of exchange prior to acceptance, and acceptors are, absent an agreement to the contrary, principal debtors on the instrument, while other parties thereto are sureties for that obligation; this allocation of primary and secondary liability follows from their positions on the negotiable instrument. Act-Rules Indian Laws Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=7617